Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd. is pleased to announce initiation of the 450km 2D seismic program and a comprehensive community water well drilling campaign in the Kavango basin of NE Namibia. Seismic Program This 450km 2D seismic program is the first seismic acquisition project to ever be conducted in the Kavango Basin. With the success of the first two recently drilled stratigraphic wells confirming an active [...]

Reconnaissance Energy Africa Ltd. and Renaissance Oil Corp. are pleased to announce that they have completed the previously announced acquisition by ReconAfrica of Renaissance by way of plan of arrangement under the Business Corporations Act effective at 12:01 a.m. on July 27, 2021. Pursuant to the Arrangement, the holders of common shares of Renaissance received 0.046 of a common share of ReconAfrica for each Renaissance [...]

Reconnaissance Energy Africa Ltd. and Renaissance Oil Corp. announce that completion of the acquisition by ReconAfrica of Renaissance, previously announced on each of April 19, May 19 and July 15, is anticipated to occur on or about July 27, 2021. ReconAfrica has received the acceptance of the TSX Venture Exchange to list the common shares of ReconAfrica to be issued to Renaissance shareholders on the TSXV. The common [...]

Reconnaissance Energy Africa Ltd. and Renaissance Oil Corp. are pleased to announce that the proposed acquisition of all of the outstanding securities of Renaissance by Reconnaissance Energy Africa Ltd. by way of plan of arrangement was overwhelmingly approved at Renaissance's annual general and special meeting of securityholders held on July 13, 2021 and that a previously announced services agreement between Renaissance [...]

Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR are pleased to announce they have successfully completed drilling operations of the second stratigraphic test well in the Kavango basin of NE Namibia. The 6-1 well is now being prepared for wireline logging. Multiple logging runs will be made and up to 50 sidewall cores taken, all designed to maximize hydrocarbon recovery. After the logging and coring [...]

Reconnaissance Energy Africa Ltd. is pleased to announce that the Republic of Namibia's Ministry of Environment, Forestry and Tourism has issued on Friday July 2, 2021 the Environmental Clearance Certificate for the initial 2D seismic program to be conducted in the Petroleum Exploration License No. 73 in the Kavango East and West regions of NE Namibia. Seismic Operations With the ECC now in place, ReconAfrica and NAMCOR [...]

Reconnaissance Energy Africa Ltd. provides the real facts in response to falsehoods and distortions from a recent short seller's report. Short Seller's False Claims about ReconAfrica The short seller report published on June 24, 2021 which falsely claims that no petroleum exists in the Kavango Basin completely ignores prominent geoscientists with decades of international experience, who have all verified that [...]

Reconnaissance Energy Africa Ltd. provides an update on drilling and seismic operations in the Kavango Sedimentary basin as well as a response to Namibia's serious outbreak of coronavirus infections. Drilling Operations The Company has taken a short break in drilling operations due to maintenance issues and expects to start drilling ahead in the next couple of days to a permitted total depth of approximately 3,800 m [...]

Reconnaissance Energy Africa Ltd. provides a factual response to Globe & Mail's false and defamatory article dated June 20, 2021. The Globe and Mail's False Allegations The Globe and Mail article published on June 20, 2021 attacks ReconAfrica and Canada's securities regulators and regulations, not on the basis of a complaint from stockholders, but because clandestine environmental activists - who refused to be identified [...]

WINDHOEK, Namibia and The National Petroleum Corporation of Namibia and Reconnaissance Energy Africa Ltd. are pleased to announce the execution of a Joint Operating Agreement to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia. Under the agreement, the two companies will jointly pursue an ongoing petroleum exploration program in the Kavango East and Kavango West regions of Namibia, with [...]